The Home Buying Experience

Home Ownership: Closing Time

Jet Direct Mortgage

Now comes the time to close on your home. Closing is the time when your contract is completed and now you sign a considerable amount of documents that will officially make you a homeowner!

Prior to Closing

There are several of significant actions you ought to take prior to closing day. They are going to help make certain that you will experience a comfortable, stress-free experience.

  • Get a home inspection.
  • Get a homeowner’s insurance policy.
  • Determine who your closing agent will be.
  • Review the closing disclosure and make sure any errors are corrected.
  • Ask your lender for a copy of your other closing documents so you can review them in advance. There include the promissory note and mortgage or deed of trust.
  • Find out how find out how much money will be needed to close and how to transfer payment.
  • Do a final walk-through of the home to ensure all repairs have been made.

Suggestions for Closing Day

Once the special day at last happens, what might you anticipate to take place?

  • Be prepared for a lot of paperwork.
  • Don’t be afraid to ask questions.
  • Have your attorney and/or your real estate agent with you to make sure you understand the process.